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Mapletree Logistics Trust Buying $1B Worth of Sheds in China, Vietnam and Japan thumbnail
Technology
Mapletree Logistics Trust Buying $1B Worth of Sheds in China, Vietnam and Japan

MLT’s biggest acquisition is the Kuwana Logistics Center near Nagoya, Japan One of Asia’s busiest industrial REITs, Mapletree Logistics Trust, has agreed to spend S$1.4 billion ($1 billion) to acquire 17 warehouse assets spanning 1.2 million square metres (13 million square feet) in China, Vietnam and Japan, including a five-storey Greater Nagoya facility built by…

JD Logistics invests $160 million to hit ambitious sustainability goals thumbnail
Technology
JD Logistics invests $160 million to hit ambitious sustainability goals

Posted inNews Feed by TechNode Feed Oct 18, 2021Oct 18, 2021 JD Logistics announced today that it will invest RMB 1 billion ($160 million) in green supply chain projects. The company expects to increase its carbon efficiency by 35% within the coming five years. The company aims to cut half of its 2019 total carbon…

JD Logistics to Develop and Implement Thousands of Smart Delivery Vehicles Within 2-3 Years thumbnail
Technology
JD Logistics to Develop and Implement Thousands of Smart Delivery Vehicles Within 2-3 Years

(Yui Yu, CEO of JD Logistics. Source: JDcorporateblog) The 2021 Global Smart Supply Chain (GSSC) summit hosted by JD Logistics was held in Beijing on Monday. Yu Yui, CEO of JD Logistics, said during the event that the 5.0 version of its Level-4 autonomous delivery vehicle is released. Furthermore, in the next two to three years, JD Logistics will…

Carlyle-ARA JV Buys 11 UK Logistics Assets From Moorfield for $139M  thumbnail
Technology
Carlyle-ARA JV Buys 11 UK Logistics Assets From Moorfield for $139M 

Moorfield had acquired this facility in Kent under a sale-and-leaseback deal in December A joint venture between US private equity giant Carlyle Group and a UK unit of Singapore’s ARA Asset Management has acquired 11 UK logistics assets for £102 million ($139.16 million), expanding its European logistics portfolio to ride the e-commerce boom. The investment…

WHO logistics hub airlifts its largest single shipment of humanitarian cargo to Ethiopia thumbnail
Health & Medical
WHO logistics hub airlifts its largest single shipment of humanitarian cargo to Ethiopia

Addis Ababa/Cairo – The World Health Organization (WHO) Logistics Hub in Dubai delivered 85 metric tons of life-saving medical supplies to Ethiopia, the largest single shipment of humanitarian cargo to date airlifted by the Hub. The supplies including essential medicines, trauma and surgical medicines, infusions, consumables equipment and cholera kits were flown by a charter flight…

Logistics Takes Off in Vietnam as E-Commerce Booms, Supply Chains Shift: MTD TV thumbnail
Technology
Logistics Takes Off in Vietnam as E-Commerce Booms, Supply Chains Shift: MTD TV

 Vietnam’s fast-growing economy and robust e-commerce sector have made the country fertile ground for logistics development, a Hanoi-based executive told MTD TV on Wednesday. Dongwon Kwak, vice president and head of North at BW Industrial, offered his insights into one of Southeast Asia’s most intriguing markets during a spotlight interview with Mingtiandi founder Michael…

Frasers Logistics & Commercial Trust Buying 6 European Properties for $412M thumbnail
Technology
Frasers Logistics & Commercial Trust Buying 6 European Properties for $412M

Frasers’ West Midlands pick-up includes the Connexion logistics park Frasers Logistics & Commercial Trust is acquiring its first warehouse property in the UK as part of a S$548.7 million ($412.2 million) purchase of six European assets announced to the Singapore exchange on Monday. FLCT’s new UK prize is being picked up from local developer IM…